Joe Biden picks Kamala Harris as his running mate

White House hopeful Joe Biden on Tuesday named Kamala Harris, a black US senator from California, as his choice for vice president, capping a months-long search for a Democratic partner to challenge President Donald Trump in November. “I have the great honour to announce that I’ve picked @KamalaHarris — a fearless fighter for the little …

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Minister inaugurates committee on implementation of N75bn youth fund

Mr Sunday Dare, Minister of Youth and Sports Development, has inaugurated the  Ministerial Technical Committee on the establishment of the Nigeria Youth Investment Fund (NYIF). The minister said that the committee would  facilitate the effective operationalisation and implementation of the N75 billion youth fund approved by the  Federal Executive Council He said that President Muhammadu …

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COVID 19: Wema Bank introduces collateral-free SME loans to support businesses

Wema Bank, one of the leading innovative banks in Nigeria, has continued in its responsibility to support fight against the ongoing global health crisis. In another dimension, the Bank has made available SME loan products that are collateral free to support businesses. Businesses in need of working capital finance can get up to N10 million …

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China, Nigeria Seal $5.57bn Loan Agreements under Eight Years

$3.313bn disbursed, 3.121 currently outstanding TI, CISLAC seek end to wastage by MDAs Amid fiscal pressure that threatened its capacity to fund capital projects, the federal government sealed $5.575 billion loan agreements with the Export–Import Bank of China between December 10, 2010 and May 29, 2018, a Debt Management Office (DMO) document has revealed. With …

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OBASANJO RUBBISHES LATE SENATOR KASHAMU’S CHARACTER

CALLS HIM A FUGITIVE WHO COULDN’T ESCAPE DEATH Former President Olusegun Obasanjo, has snubbed the old African dictum of not “saying ill about the dead” as he yesterday, rubbished the character of late Senator Buruji Kashamu. Senator Kashamu died from COVID-19complications at a Lagos hospital on Saturday. In a condolence letter to Dapo Abiodun, governor of Ogun State, Obasanjo said the life of the deceased is a …

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COVID-19: CAC explains new policy on company certificates delivery

Following a widespread protest by customers over the new certificate delivery system being adopted by the Corporate Affairs Commission (CAC), the agency has made some clarifications about the measures that were introduced to curtail the further spread of the Covid-19 pandemic. CAC on Thursday explained that company registration certificates will henceforth be sent to customers …

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NSE: Trading Sustains Bullish Trend, Rises 0.45 Per Cent

Activities on the trading floor of the Nigerian Stock Exchange (NSE) maintained a bullish posture on Friday with the market indicators appreciating further by 0.45 per cent. Specifically, the All-Share Index rose by 111.06 points or 0.45 per cent to close at 25,041.40 compared with 24,930.34 achieved on Thursday. Also, the market capitalisation inched higher …

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Edo Guber: APC, PDP differ on Buhari’s meeting with Ize-Iyamu

The Edo State PDP campaign council has condemned in strong term, President Muhamadu Buhari’s meeting with the governorship candidate of the All Progressives Congress (APC), in Edi State, Pastor Osagie Ize-Iyamu, describing it as ill-advised The council in a statement endorsed by Chris Nehikhare, described the meeting as a dent on Buhari’s image as it …

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X-raying benefits of China transport infrastructure development loan to Nigeria

X-raying benefits of China transport infrastructure development loan to Nigeria News analysis by Taiye Elebiyo-Edeni, News Agency of Nigeria (NAN) Nigerian transportation industry which comprises aviation, land (road and rail) and maritime subsectors has faced challenges of infrastructure deficit since independence and successive administrations have taken steps to address these challenges. Since assuming office on …

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NIPC considers Shoprite strategic investment in Nigeria

Nigerian Investment Promotion Commission (NIPC), says Shoprite, South African Retailer is a strategic investment playing vital role in connecting Nigerian produce and products to national and regional value chains. NIPC Executive Secretary, Yewande Sadiku, disclosed this at a Webinar held by NIPC management team with Journalists on Thursday in Abuja. Sadiku noted that the announcement …

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SSANU, NASU threaten strike over unresolved issues with FG

The Non-Academic Staff Union of Educational and Associated Institutions (NASU) and Senior Staff Association of Nigerian Universities (SSANU) said they would proceed on strike over unresolved issues with the Federal Government immediately the universities reopen. Mr Samson Ugwoke, the Chairman, Joint Action Committee (JAC) of both unions said this while addressing newsmen on the resolutions …

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Military allays fear over alleged Al-Qaeda, ISIS inroad to Nigeria

The Defence Headquarters has allayed fears of Nigerians over  alleged plans by Al-Qaeda and ISIS to make an inroad into Southern Nigeria and penetrate the north-western part of the country. The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, while answering questions from newsmen at the updates briefing on military operations across the country on Thursday in …

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